Low prices and rapid expansion costs have ground down China’s coffee shops’ profitability

Upstart Cotti is trying to beat the Chinese leader at its own game by adopting a low-price, subsidy-driven strategy to conquer the affordable segment of the market

The U.S. chain must recognize the competition, but customers will upgrade their preferences from discount coffee over time, Howard Schultz says

China now has the most branded coffee shops in the world at nearly 50,000, overtaking the U.S, for the time

Resurgent fast-coffee giant posts second-quarter sales of $862 million, topping the American chain’s $822 million in China

Coffee chain reports profit and comparable sales numbers that fell short of Wall Street expectations as Chinese stores took a hit from Covid-19

American coffee giant pours billions of yuan into 3,000 new stores, a coffee creative park and digital technology innovation

Coffee chain reports loss of $17 million for the second quarter, when it opened 615 new stores

Li Ka-shing distances himself from AMTD after meteoric stock surge baffles investors. Starbucks’ revenue in China plunges

In the fiscal third quarter, the Seattle-based coffee giant took in $545 million in its second-largest market, where nearly 16% of its stores are located

While McDonald’s logos and signs were being taken down from its former restaurants in Russia, coffee giant Starbucks announced it would also leave the country due to the Russia-Ukraine war. The chain entered Russia in 2007 and had 130 locations across the country

The coffee chain vowed a zero-tolerance policy on food safety

Canadian coffee and donut chain sets a blistering expansion pace that could rival the growth of Starbucks in China

The scandal-dogged company said it managed to cut its losses by 86% to $33 million in the first half

How foods are flavored differently in various regions makes for a good economics topic

Genki Forest and HeyTea whet investor appetites with ‘China Chic’ to earn pumped up valuations as the two go head-to-head with the U.S. giants

Lackluster sales in the country have dragged down the U.S. coffee giant's stock price, souring the taste of robust global growth

Seattle-based coffee giant’s worldwide revenue falls in the last months of 2020 on pandemic measures

Chinese president's request came after Schultz congratulated Beijing on the near completion of its plan to build a ‘moderately prosperous society,' the Xinhua news agency said